It Is All About Obama Being Willing to Go Over the Cliff

By: Thursday December 6, 2012 10:22 am

The most important development in the ongoing tax negotiations is Treasury Secretary Timothy Geithner’s recent acknowledgement¬† that President Obama is willing to go over the so-called fiscal cliff. While it has been heavily hinted that the Obama administration would use this tactic, Geithner told CNBC that it is “absolutely” something Obama is prepared to do. [...]

Reasonable Peterson Reasonably Suggests Reasons to Balance Budget on Backs of Working Class While Preserving Reasonable Tax Breaks for Reasonably Affluent

By: Monday August 2, 2010 10:44 am

I notice that the Daily Beast decided to do a long PR ad for an interview with Peter Peterson, which tried to make clear just how reasonable the man is. Many of his cheerleaders quickly hailed it as persuasive proof. The problem is that on the issue of the deficit, Peterson is a self-serving hypocrite. [...]

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